#oil-infrastructure

#oil-infrastructure

The capture of Maduro and Trump's comments comes at a time when even a country like Venezuela with one of the biggest oil resources in the world isn't a sure bet for attracting major oil companies. Many oil companies have been bruised by their past experiences operating in the country. The global oil market is currently facing an oversupply. Oil prices are below $60 a barrel, and long-term projections for oil demand are unclear as the world shifts to more electric vehicles.

Ukraine says it struck oil facilities in Russia's north and south 12/31/2025December 31, 2025 Ukraine's domestic security service, the SBU, reported that Ukrainian long-range drones struck the Temp oil depot in the Russian city of Rybinsk, located approximately 270 kilometers north of Moscow. The SBU described the facility as a key logistics hub for fuel and said that the attack sparked a large fire.

An overnight Ukrainian drone attack has sparked a fire at an oil depot in Sochi, the southwestern Russian resort that hosted the 2014 Winter Olympic Games.